India and the United Kingdom have signed a landmark free trade agreement during Prime Minister Narendra Modi's visit to the UK. The deal will eliminate or reduce tariffs on a wide range of goods, including cars, textiles, whisky, chocolates, and cosmetics, making these products cheaper for consumers in both countries. The agreement is expected to boost bilateral trade by up to $34 billion, create thousands of jobs, and increase investment flows. Both leaders hailed the deal as a major post-Brexit milestone for the UK and a significant opportunity for Indian exporters, while also addressing regulatory clarity for sectors like pharmaceuticals and technology. Some domestic industries in both countries have expressed concerns about increased competition, but overall, the deal is seen as a 'game-changer' for economic ties.
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